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A conservative government, in favor of a low level of public consumption, knows that it will be replaced by a government in favor of a larger level of public consumption. The authors show that the resulting level of public consumption is in between the levels the two governments would choose if...
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Political constitutions are incomplete contracts and, therefore, leave room for abuse of power. In democracies, elections are the primary mechanism for disciplining public officials, but they are not sufficient. Separation of powers between executive and legislative bodies also helps to prevent...
Persistent link: https://www.econbiz.de/10005549931
This article offers a unified approach for studying political violence whether it emerges as repression or civil war. We formulate a model where an incumbent or opposition can use violence to maintain or acquire power to study which political and economic factors drive one-sided or two-sided...
Persistent link: https://www.econbiz.de/10010551167